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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #57,721
  • Jan 8, 2008 2:34am Jan 8, 2008 2:34am
hey quecee what were those daily targets again???
  • #57,722
  • Jan 8, 2008 2:39am Jan 8, 2008 2:39am
Quoting forexnovice
Thanx for the chart Dagoods. The blue line on your chart lines up well with Monthly pivot @ 224.57. Should be very good resistance if price gets there.

OMG i just saw your post on the cable thread! i'm laughing so hard it hurts!
  • #57,723
  • Jan 8, 2008 2:39am Jan 8, 2008 2:39am
Out at 217.05 with 246 pips! Now can go to bed and sleep well!
Has what you wanted to see made you blind?
  • #57,724
  • Jan 8, 2008 2:41am Jan 8, 2008 2:41am
Quoting dagoods
hey quecee what were those daily targets again???
216.19 = r1
217.33 = r2
218.41 = next target

in order to get optimistic about 221.70 we must get a weekly close above 217.59
  • #57,725
  • Jan 8, 2008 2:43am Jan 8, 2008 2:43am
Quoting quecee5
216.19 = r1
217.33 = r2
218.41 = next target

in order to get optimistic about 221.70 we must get a weekly close above 117.59

  • #57,726
  • Jan 8, 2008 2:44am Jan 8, 2008 2:44am
Quoting Dunkan
Out at 217.05 with 246 pips! Now can go to bed and sleep well!
Sweet Dreams Mate
  • #57,727
  • Jan 8, 2008 2:47am Jan 8, 2008 2:47am
Quoting dagoods
OMG i just saw your post on the cable thread! i'm laughing so hard it hurts!
Well thats how it is there..UP or DOWN..although a few charts and some good analytical posts are popping up there as well thanx to you guys
  • #57,728
  • Jan 8, 2008 3:09am Jan 8, 2008 3:09am
Quoting forexnovice
Well thats how it is there..UP or DOWN..although a few charts and some good analytical posts are popping up there as well thanx to you guys

well for now i tp call me crazy lettin 1 ride tho gu too
  • #57,729
  • Jan 8, 2008 4:27am Jan 8, 2008 4:27am
Geppy targets as of last nights close
215.88 216.24 216.61 216.98 217.34 217.71 218.46 219.59 219.94 220.29
215.14 214.782 14.42 214.04 213.69 213.32 212.58 211.47 211.13 210.78
"Millionaires don't use astrology, billionaires do"
  • #57,730
  • Jan 8, 2008 4:45am Jan 8, 2008 4:45am
Quoting OrionsWay
Geppy targets as of last nights close
215.88 216.24 216.61 216.98 217.34 217.71 218.46 219.59 219.94 220.29
215.14 214.782 14.42 214.04 213.69 213.32 212.58 211.47 211.13 210.78
What are these based upon and just how effective are they?
  • #57,731
  • Jan 8, 2008 4:49am Jan 8, 2008 4:49am
wow..nice .. i will wait and see..
  • #57,732
  • Edited 5:02am Jan 8, 2008 4:52am | Edited 5:02am
Quoting birdt
What are these based upon and just how effective are they?
Hey birdt, they are based off the close finding the sqaure root of that number, x a ratio number then sqaured and most times targets are within a cpl pips. Gann methods

217.35 may have been today hi the root number derived was 217.34. May just bobble around for the rest of the day But thinking we will see 219.59 at some point or todays close should show a number in that area also.

216.98 216.62 216.25 215.88 215.52 215.15 214.41 213.29 212.95 212.60

This is the numbers 1 could watch for on the pullback lo if today is hi already. based off the Hi not close for today
"Millionaires don't use astrology, billionaires do"
  • #57,733
  • Jan 8, 2008 5:05am Jan 8, 2008 5:05am
Intriguing.... do you work them out personally, pull from a website or have an indicator that generates them automatically?

I'd appreciate it if you could post them daily, and even review how close price came to these levels the day before.
  • #57,734
  • Jan 8, 2008 5:08am Jan 8, 2008 5:08am
Quoting birdt
Intriguing.... do you work them out personally, pull from a website or have an indicator that generates them automatically?

I'd appreciate it if you could post them daily, and even review how close price came to these levels the day before.

I generate them for swings, daily, have no problem posting them for u,


this is the set compiled from the lo point just printed
216.96 217.32 217.69 218.06 218.42 218.79 219.54 220.68 221.03 221.38
"Millionaires don't use astrology, billionaires do"
  • #57,735
  • Jan 8, 2008 6:23am Jan 8, 2008 6:23am
Hi Orionsway,

Very interested in how your points are being calculated.

S/R + Fibs + Pivot points are an integral part of how I trade and I would definitely appreciate an additional point of view.

P.S. The new points calculated from the new high are making nice S/R lines.
  • #57,736
  • Jan 8, 2008 6:49am Jan 8, 2008 6:49am
Quoting OrionsWay
Hey birdt, they are based off the close finding the sqaure root of that number, x a ratio number then sqaured and most times targets are within a cpl pips. Gann methods

217.35 may have been today hi the root number derived was 217.34. May just bobble around for the rest of the day But thinking we will see 219.59 at some point or todays close should show a number in that area also.

216.98 216.62 216.25 215.88 215.52 215.15 214.41 213.29 212.95 212.60

This is the numbers 1 could watch for on the pullback lo if today is hi already. based off the Hi not close for today
but you are assuming that the move is over, right?
  • #57,737
  • Jan 8, 2008 7:32am Jan 8, 2008 7:32am
Quoting andwigah
but you are assuming that the move is over, right?
The move is more or less over. If we're still assuming its in an major uptrend for the next few days, these lines will only apply for this short subsequent downtrend.

There's strong support for Geppy at 216.20 intraday.
  • #57,738
  • Jan 8, 2008 7:43am Jan 8, 2008 7:43am
Quoting anyhowtrade
The move is more or less over. If we're still assuming its in an major uptrend for the next few days, these lines will only apply for this short subsequent downtrend.

There's strong support for Geppy at 216.20 intraday.
Channel support goes down to 215.86 intraday, should see 217.74 high sometime today if all goes well. A close above there would be a plus for next target of 218.50 then 219.63 or so. . .
  • #57,739
  • Jan 8, 2008 7:53am Jan 8, 2008 7:53am
We are sitting on the bottom of that channel right now...

Will we see a bounce???
  • #57,740
  • Jan 8, 2008 7:55am Jan 8, 2008 7:55am
Right now, anything is possible. The one thing I have to avoid in Forex is getting caught on the wrong side of a lengthy move. In that interest, I keep asking myself is the dollar not to see those 2007 lows anytime soon?
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